Why Drive an Electric Vehicle?
As more Michiganders make the switch to electric vehicles, it’s important to know the basics and understand how driving one could help you, your family and generations to come.
Electric vehicles boast countless benefits for your wallet and the environment. Beyond that, they offer convenient at-home charging, support health thanks to reduced emissions, provide unique safety features, support energy independence and benefit the grid. On top of all that? They’re simply fun to drive.
Explore the many benefits of electric vehicles.
Benefits for Your Wallet
Reduced annual & maintenance cost. Fuel costs for an electric vehicle are
approximately $500 less per year than a gasoline vehicle and have fewer parts than an internal combustion engine, requiring less servicing.
For example, fueling an EV could be $295/year (12,000 miles/year, 3.25 miles/kWh, and $0.08/kWh) while fueling a gasoline vehicle could be $830/year (12,000 miles/year, 35 miles/gallon, and $2.42/ gallon fuel).
Consistent pricing. Unlike the price of gasoline, the price of electricity is regulated by the state of Michigan.
Upfront assistance. To offset the upfront cost of an electric vehicle, some consumers may be eligible for Federal Tax incentives up to $7,500 on some vehicles.
Benefits for the Environment
Improved air quality and fewer CO₂ emissions. Electric vehicles reduce air pollution by generating less than half as many pounds of CO₂ as gas-powered vehicles.
Cleaner electricity. As Michigan utilities focus on greater reliance of renewable electric generation sources, electric vehicles become cleaner to charge. This reduces the carbon footprint even further.
Renewable Energy Programs. We’re dedicated to investing in clean sources of energy. You can help us reduce the carbon footprint with Solar Gardens and the Green Generation Program.
Coming Soon: PowerMIDrive™
The future of electric vehicles in Michigan is brighter than ever. Spring 2019 will see the launch of PowerMIDrive™, an electric vehicle charging program that includes charger rebates for both residential and business customers. Stay tuned for more details.
Call us at 877-904-9246.